Mrs. Chanry Sun Village Bank Group


Status: Paying Back

$2,550.00   Loan Amount
70% repaid

About the Group

Group Name: Mrs. Chanry Sun Village Bank Group
Group Members: Chanry Son
Sam Art Kreat
Att Morn
Sokhom Sang
Nai Suk
Lang Chuong
Sareth Meas
In Kung
Phanna Thy
Aem Korn
Koemly Song
Sitha Vaen
Sengkhim Keum
Ravy Keum
Sivorn Horl
Sarem Each
Sok Khim Dem
Savoen Choub
Location: Peam Sala Village, Cambodia
Activity: Agriculture

About the Loan

Loan Amount: $2,550.00
Loan Use: To buy different kinds of fruit to re-sell and fuel for her pump to water her field
Repayment Term: 13 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Covered
Date Listed: May 1, 2009
Date Disbursed: Mar 3, 2009
Date Funded:May 15, 2009

About the Country

Country:Cambodia
Avg Annual Income:$2,600.00
Currency:Cambodia Riels (KHR)
Exchange Rate:4,108.1500 KHR = 1 USD



Eighteen people who all live in Peam Sala village in Kandal province make up the village bank loan and they will use the loan for different purposes.

Mrs. Chanry Sun is a village bank president. She is a farmer who owns a small piece of land on which to cultivate rice. Aside from owning this plantation, she is a fruit seller in the local market. Since this business is going well, she wants to expand it so she decided to ask for a loan to buy different kinds of fruit to re-sell. Additionally, she would use the rest of the loan to buy fuel for her pump to water her field when it is infertile. Her husband, Mr. Morn Kea, helps her in both business activities.

Mrs. Chanry Sun is 37 years old and the mother of six children, two of whom are employed in a garment factory while three others are attending the local school and the youngest one is too young to work or study because that child is four years old.

Mrs. Koemly Song did not come to take a loan but her husband did, so he is shown in the picture.



About Group Loans
In a group loan, each member of the group receives an individual loan but is part of a group of individuals bound by a group guarantee. Under this arrangement, each member of the group supports one another and is responsible for paying back the loans of their fellow group members if someone is delinquent or defaults. Learn more

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Journal entries for Mrs. Chanry Sun Village Bank Group


Loan has been disbursed
 
Entrepreneur: Mrs. Chanry Sun Village Bank Group
Location: Peam Sala Village, Cambodia

Thank you for your loan. It has been disbursed to Mrs. Chanry Sun Village Bank Group, consisting of Chanry Son, Sam Art Kreat, Att Morn, Sokhom Sang, Nai Suk, Lang Chuong, Sareth Meas, In Kung, Phanna Thy, Aem Korn, Koemly Song, Sitha Vaen, Sengkhim Keum, Ravy Keum, Sivorn Horl, Sarem Each, Sok Khim Dem, Savoen Choub by AMK in Cambodia. We are excited to watch this business grow. Over the 11 months of this loan, AMK will be collecting repayments from this entrepreneur and posting progress updates on the Kiva website.


Posted by from Peam Sala Village, Cambodia
May 16, 2009
Comment on this entry

Kiva Help Repayment Schedule for Mrs. Chanry Sun Village Bank Group

  Expected Repayments Actual Repayments Comments
July 2009 $637.59 $637.60 Repayment Received
August 2009 $212.53 $212.53 Repayment Received
September 2009 $212.53 $384.17 Repayment Received
October 2009 $212.53 $188.01 Repayment Received
November 2009 $212.53 $188.01 Repayment Received
December 2009 $212.53 $181.59 Repayment Received
January 2010 $212.53 Available Jan 1  
February 2010 $212.53 Available Feb 1  
March 2010 $212.53 Available Mar 1  
April 2010 $212.17 Available Apr 1